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Hero Honda: Segmentation Targeting and Positioning
Hero Honda: Segmentation Targeting and Positioning
Hero Honda: Segmentation Targeting and Positioning
Segmentation
Targeting
And positioning
Members
• Nilay shah
• Niranjan Sharma
• Nilesh
Introduction
• Hero Honda is currently the worlds largest
motorcycle manufacturer .
• Ranging from the CD Deluxe to karizma-ZMR
History
• Founded by munjal brothers starting in the
1950s.
• first bike in 1980. Launched
• Slogan”fill it, shut it and forget it”.
• Capacity of churning out 3.9 million bikes per
year.
• 108th Most Respected companies - 2006
Forbes .
Continue…..
• Competitors at the time of launch: Royal
Enfield, Ideal Jawa, Rajdhoot and Escorts.
• In the mid-1980s, the Indian government
permitted foreign companies to enter the
Indian market through minority joint ventures
products
• Hero Honda CD-dawn
• Hero Honda CD-Deluxe
• Hero Honda Splendor Plus
• Hero Honda Splendor NXG
• Hero Honda Passion Plus
• Hero Honda Super Splendor
• Hero Honda Glamour
• Hero Honda Achiever
• Hero Honda CBZ Xtreme
• Hero Honda Hunk
• Hero Honda Karizma
• Hero Honda Pleasure
products
Segmentation
Company mainly segmented on basis of Engines
• 100cc
• 125cc
• 150cc
• 225cc
• Define?
• Starting focus on economy class, thn performance
bike, launch and overall managing executive n
economy class…………..s
Products under 100 cc
• Splendor nxg 100cc
• CD-Dawn 100cc
• Super Splender 100cc
• Pleasure 102cc
• Hero Honda CD-Deluxe (97.20 cc)
• Hero Honda Passion
125 cc
• Glamour 125cc
• Passion plus 110cc
• Hero Honda Glamour FI (125 cc.)
150cc
• Hero Honda achiever 150cc
• CBZ Extreme 150cc
225cc
• Karizma-r 225cc.
• Karizma-ZMR 225cc.
Current status
• Currently facing the exit of Japanese partner
Honda
• Market share declined to 68.9 per cent in the
April-August period, from 81.8
• Hero Honda sold 17,87,869 units in the total
market of 25,95,516 units in current year
• Had sold 16,78,570 units in the total market of
20,51,656 units in last year.
TARGETING
About Targeting
• Targeting is the process of selecting targets and
matching appropriate response to them on the basis
of operational requirements , capabilities and
limitations
• Age: 22-50
• Gender: Males
• Income: 5000 to 7000 Rs
• Occupation: Basically farmers
• Region: Rural
• Social Class: Lower class
TARGET MARKET OF SPLENDOR
• Age: 20-40
• Gender: Males
• Income: 12000 and more
• Density: Urban and semi-urban
• Customer Class: Middle class
• Loyalty Status: Inclination towards
TARGET MARKET OF KARIZMA
• Age: 20-30
• Gender: Males
• Density: Urban
• Customer Class: Business class
• Benefits: Comfort, power, quality,
and best machine.
Positioning
• Successful two wheelers those made
positioning